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GCC Processed Meat Market Anticipated to Grow at a CAGR of 8.4% during the Forecast Period of 2016 – 2024

Press release Description

Albany, New York, July 25, 2017: The processed meat market is witnessing rapid growth in recent times. This growth is in the GCC is primarily driven by the busy lifestyles of customer in the region over the years. Which has caused people to pick for ready-to-consume food items or those that can be served in a short period of time. A new research report with a title “Processed Meat Market – GCC Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report on processed meat market analyzes its current status as well as future prospects of the industry in the GCC region.

The GCC processed meat market is expected to grow at a CAGR of 8.4% during the forecast period of 2016 – 2024. Rising at this pace, the market will reach a valuation of US$1.5 billion by 2024 from US$760.7 million in 2015. This research report on the GCC processed meat market features a detailed analysis of the processed meat products market in Qatar and rest of GCC and helps in understanding the driving forces behind the growth of this industry. It offers a comprehensive analysis of major segments and sub-segments of processed meat market for the Qatar and rest of GCC are provided for the past years (2010-2014) and the forthcoming eight years (2016-2024). Furthermore, the report includes in-depth study of the drivers, restraints, risks, key market trends, and future outlook of the industry. The strategies for companies operating in the GCC market to succeed in their businesses are comprehensively evaluated in the report. It also presents an assessment of value (USD million) and volume (million kg) of processed meat consumption across the GCC.

The GCC processed meat market is segmented by product type, package type, meat type and region. On the basis of meat type, the market is segmented into beef, lamb, and poultry. In terms of product type, the processed meat market is divided into frozen processed meat, chilled processed meat and others. In terms of packaging type, the processed meat market is segmented into bulk package and retail package. Based on country, the process meat market is segmented into Qatar and Rest of GCC.

The leading brands which have the maximum market share in processed meat market across GCC include National Food Co. (Americana Meat), Al Islami Foods, Sunbulah Group, BRF S.A., Tyson Foods, Cargill Inc., Gulf Food Industries and Almunajem among others.

Browse Full  GCC Processed Meat Market Report with TOC :

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